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Microsoft invests $1.5B in Abu Dhabi-based AI group G42 for a minority stake, as G42 severed its ties with Chinese suppliers; Brad Smith will sit on G42's board (Financial Times) 16-04-2024

Financial Times: Microsoft invests $1.5B in Abu Dhabi-based AI group G42 for a minority stake, as G42 severed its ties with Chinese suppliers; Brad Smith will sit on G42’s board  —  Agreement is latest move by US tech group to extend its reach into fast-growing sector  —  Microsoft has agreed to invest $1.5bn … Lees verder op Tech Meme

Berlin-based finmid, which makes embedded fintech solutions for SMBs, raised a €23M Series A at a €100M post money valuation, bringing total raised to €35M (Anna Heim/TechCrunch) 16-04-2024

Anna Heim / TechCrunch: Berlin-based finmid, which makes embedded fintech solutions for SMBs, raised a €23M Series A at a €100M post money valuation, bringing total raised to €35M  —  Berlin-based finmid — one of the many startups building embedded fintech solutions, in its case targeting marketplaces … Lees verder op Tech Meme

Tel Aviv-based Bridgewise, which uses AI to provide investment analysis to brokerages, wealth advisors, and exchanges, raised a $21M Series A led by SIX Group (Saritha Rai/Bloomberg) 16-04-2024

Saritha Rai / Bloomberg: Tel Aviv-based Bridgewise, which uses AI to provide investment analysis to brokerages, wealth advisors, and exchanges, raised a $21M Series A led by SIX Group  —  – Bridgewise uses AI to do research of global securities  — Robo-advisor named Bridget provides personalized analysis Lees verder op Tech Meme